Atlas FRM LLC

CIK 1879898 · View on SEC EDGAR ↗

Portfolio value
$981.8M
#2,489 of 9,443 by 13F value · top 26.4%
Positions
25
As of
June 30, 2026

Portfolio value QoQ: +27.5% 13F does not disclose cash

Top 10 holdings weight
80.65%
Top 25 holdings weight
100.00%
Positions above 1%
17
Effective number of positions
9.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 10.2% Est. buys $272,339,546 · sells $89,328,675

Median holding: 2.0 quarters Tracked Q4 2024–Q2 2026 · 78.1% still held

New positions
6
Increased
10
Decreased
5
Closed
4
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
-31.8%
S&P 500 total return (same window)
+28.1%
Excess return
-59.9%

Annualized: -22.6% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 96.8% · Options excluded: 0.0%

Sector breakdown

Paper & Forest
32.9%
Packaging
21.4%
Industrials
21.1%
Financial Services
8.6%
Consumer products
8.2%
Real Estate
7.2%
Retail
0.6%

Full portfolio 25 positions

Type Streak 8Q trend
SLVM Sylvamo Corporation Common Stock $238,610,761 24.30% 6,312,454 $-28,027,296
IP International Paper Company Common Stock $97,726,500 9.95% 2,565,000 $32,931,000 Up ×2
PKG Packaging Corporation of America Common Stock $82,530,899 8.41% 346,361 $9,026,168
FBIN Fortune Brands Innovations, Inc. Common Stock $80,428,500 8.19% 1,465,000 $30,741,750 Up ×1
SUZ Suzano S.A. American Depositary Shares (each representing One Ordinary Share) $63,632,000 6.48% 8,200,000 $1,570,000 Up ×1
LGIH LGI Homes, Inc. - Common Stock $61,578,560 6.27% 967,000 $36,279,360 Up ×1
MBC MasterBrand, Inc. Common Stock $47,585,076 4.85% 4,624,400 $36,782,076 Up ×1
FCFS FirstCash Holdings, Inc. - Common Stock $45,427,200 4.63% 210,000 $5,947,200
EZPW EZCORP, Inc. - Class A Non-Voting Common Stock $38,891,250 3.96% 1,125,000 $10,338,750
WY Weyerhaeuser Company Common Stock $35,431,200 3.61% 1,480,000 $31,278,100 Up ×1
RYN Rayonier Inc. REIT Common Stock $34,899,200 3.55% 1,640,000 $25,826,400 Up ×1
ATR AptarGroup, Inc. Common Stock $25,040,000 2.55% 200,000 $-19,067,000 Down ×1
WCN Waste Connections, Inc. Common Shares $25,003,500 2.55% 150,000 Up ×1
WFG West Fraser Timber Co. Ltd Common stock $20,983,900 2.14% 310,000 $17,784,690 Up ×1
BLDR Builders FirstSource, Inc. Common Stock $20,848,840 2.12% 233,000 $14,921,080 Up ×1
MTH Meritage Homes Corporation Common Stock $18,447,000 1.88% 220,000 Up ×1
BCC Boise Cascade, L.L.C. Common Stock $17,078,600 1.74% 220,000 $14,272,150 Up ×1
CX Cemex, S.A.B. de C.V. Sponsored ADR $7,200,000 0.73% 600,000 Up ×1
FND Floor & Decor Holdings, Inc. Common Stock $6,232,800 0.63% 105,000 $-1,082,400 Down ×2
JBI Janus International Group, Inc. Common Stock $4,662,000 0.47% 840,000 Up ×1
GBX Greenbrier Companies, Inc. (The) Common Stock $3,302,245 0.34% 67,379 $-9,837,142 Down ×1
SON Sonoco Products Company Common Stock $2,817,500 0.29% 50,000 Up ×1
SLGN Silgan Holdings Inc. Common Stock $1,855,600 0.19% 40,000 $-10,560,400 Down ×1
VMC Vulcan Materials Company (Holding Company) Common Stock $1,475,050 0.15% 5,000 Up ×1
MERC Mercer International Inc. - Common Stock $138,168 0.01% 209,346 $-1,430,899 Down ×1

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
WCN $25,003,500 150,000 2.55%
MTH $18,447,000 220,000 1.88%
CX $7,200,000 600,000 0.73%
JBI $4,662,000 840,000 0.47%
SON $2,817,500 50,000 0.29%
VMC $1,475,050 5,000 0.15%

Top movers (QoQ)

Security Action Shares Δ Value Δ
MBC Bought more +3.3M +$36.8M
LGIH Bought more +327K +$36.3M
IP Bought more +750K +$32.9M
FBIN Bought more +190K +$30.7M
SLVM Price move only +0 -$28.0M
RYN Bought more +1.2M +$25.8M
ATR Trimmed -150K -$19.1M
BLDR Bought more +161K +$14.9M
EZPW Price move only +0 +$10.3M
GBX Trimmed -182K -$9.8M

4 positions hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
ODP Dec. 31, 2025 785,213 $21,868,182 No longer tracked
LW March 31, 2025 305,000 $20,383,150 1.6%
SEE March 31, 2026 457,883 $18,970,093 No longer tracked
MHK June 30, 2026 165,000 $16,245,900 8.5%
HRL June 30, 2026 600,000 $13,590,000 -2.1%
AMWD June 30, 2026 296,000 $11,789,680 No longer tracked
XLP June 30, 2026 50,000 $4,099,000 No longer tracked